Prepare an argument to answer each of the questions presented here and explain and justify their answers :

Diaz Corporation Inc. common stock has a par value of $1.00 and a market value of $15.00.

Explain why these price values are different. Justify your answer and present example(s) of large well-known corporations in the world.

Why isn't a stock generally issued by a Corporation at a price that is less than its par value ?

Identify events that may result in debits and credits to the Retained Earnings account

Why do preferred stock dividends need to be subtracted from net income to calculate earnings per share ( EPS ) ?